Dick's Sporting Goods is again raising expectations for itself as well as the industry after reporting that total sales for the fiscal fourth quarter ended January 31 increased 20% to $474.4 million from with $395.2 million in the year-ago period. Co
Category: Outdoor
Sport Supply Gets Lift from Asset Sales…
The November sale of the company’s Athletic Training Equipment Company division to Wilson Team Sports has enabled Sport Supply Group to post a net gain in earnings for its fiscal third quarter ended December 26.
SGMA: Sports Licensed Products Sales Surging
Sports licensed products retail sales in the U.S. and Canada rose 7% in 2003 over 2002 to reach $12.1 billion. The increase since 2001 has been an impressive 15%. Sales outside the U.S. represented less than 10% of total sales in 1998, but rose to 20% i
Patagonia Pushes for Dam Removal on Lower Snake River
As a result of a partnership between The Save Our Wild Salmon Coalition (SOS) and outdoor apparel company Patagonia, Inc., over ten-thousand emails and letters have been sent to President George W. Bush since October 30th, urging him to remove four dams o
Footstar Gets Another Bank Extension; Warns of Chapter 11 Possibility
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
Dick’s SG to Issue $125 Million in Bonds
Dick's Sporting Goods, Inc. announced that it intends to offer, subject to market and other conditions, approximately $125 million issue price of 20-year convertible senior notes through an offering within the United States to qualified institutional
Parkdale America Tangled in Antitrust Case; Fines may Impact Unifi
Unifi has been informed by Parkdale America, a private company in which Unifi holds a 34% interest, that Parkdale participated in activities with competitors in the markets for open- end and air-jet cotton and polycotton yarns used in the manufacture of h
VF Posts Record Q4 Numbers on 6% Sales Increase
VF Corporation announced record results for the fourth quarter and record earnings for the full year. Q4 earnings from continuing operations rose 52% to $.96 per share, compared with $.63 per share in 2002. Income from continuing operations was $105.6 mil
Sport Haley Sales Up 18% in Fiscal Q2
Sport-Haley reported unaudited earnings for the fiscal quarter and six months ended December 31, 2003. Net sales for the fiscal quarter were $4.8 million, an increase of $722,000 or 18%, from net sales of $4.0 million for the same quarter in the prior fis
Kewl is Moving Forward with Infrastructure
Kewl International, the U.S. marketer and distributor of KEWL hockey-based apparel, said today that it has been moving forward to create the necessary infrastructure to launch KEWL branded apparel lines in the U.S. and Europe with assistance from a variet
Skechers Appoints Schneider to Board
SKECHERS announced that Fred Schneider has been appointed to the Company's board of directors and the audit committee of the board of directors…
Hibbett Posts 8.3% Comp Store Sales Gain for Q4
Hibbett Sporting Goods, Inc. reported net sales for the 13-week period ended January 31, 2004 increased 20.8% to $91.2 million, a new Company record, compared with $75.5 million for the 13-week period ended February 1, 2003. Comparable store sales for the
Amer Group 2003 Profits Down 5.5% on Flat Sales
Amer Group's net sales in 2003 were up 0.2% to €1,104.4 million ($1.25 bn) compared to €1,101.9 million ($1.04 bn) in 2002. Excluding foreign currency exchange rates, sales would have increased 9.6%. Excluding both the Precor gain and the FX rate l
K-Swiss Q4 EPS Jumps 92% on 51% Sales Increase; Backlog Up 33.5%
K-Swiss reported net earnings increased 81.4% to $8.7 million, or $0.23 per diluted share, compared with $.8 million, or $0.12 per diluted share, in the prior-year period. EPS jumped 91.7%. Total Q4 worldwide revenues increased 51.2% to $80.4 million com